Wyoming § 26-37-120 Mechanical breakdown insurance organizations;
grounds for suspension, revocation or refusal to renew dealer's
license generally

Wyoming Statutes

§ 26-37-120 — Mechanical breakdown insurance organizations; grounds for suspension, revocation or refusal to renew dealer's license generally

Wyoming § 26-37-120

Title 26Insurance Code

Ch. 37MECHANICAL BREAKDOWN INSURANCE

This text of Wyoming § 26-37-120 (Mechanical breakdown insurance organizations; grounds for suspension, revocation or refusal to renew dealer's license generally) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-37-120 (2026).

Text

(a)The commissioner may suspend, revoke or refuse to renew any mechanical breakdown insurance dealer's license issued under this chapter for any cause specified by this chapter including the following:

(i)A violation or willful participation in a violation of this chapter;

(ii)Obtainment of any license through misrepresentation or fraud;

(iii)Misappropriation, conversion for the use of the licensee or illegal withholding of monies required to be held in a fiduciary capacity;

(iv)Material misrepresentation of the terms or effect of any contract or the engagement in any fraudulent transaction;

(v)A conviction by final judgment of a felony that relates to the mechanical breakdown insurance profession or to the ability to practice as a mechanical breakdown insurance dealer;

(vi)Incompet

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(a) The commissioner may suspend, revoke or refuse to
renew any mechanical breakdown insurance dealer's license issued
under this chapter for any cause specified by this chapter
including the following:
(i) A violation or willful participation in a
violation of this chapter;
(ii) Obtainment of any license through
misrepresentation or fraud;
(iii) Misappropriation, conversion for the use of the
licensee or illegal withholding of monies required to be held in
a fiduciary capacity;
(iv) Material misrepresentation of the terms or
effect of any contract or the engagement in any fraudulent
transaction;
(v) A conviction by final judgment of a felony that
relates to the mechanical breakdown insurance profession or to
the ability to practice as a mechanical breakdown insurance
dealer;
(vi) Incompetency, untrustworthiness or a source of
injury or loss to the public as demonstrated in the conduct of
affairs under a license;
(vii) Misrepresentation of the qualifications of the
licensee's representatives;
(viii) Permitting any individual not registered as a
representative with the commissioner to act as a representative;
(ix) Any cause of license suspension or revocation
provided under W.S. 26-9-211.